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Nayla Finance secures $4M in seed funding led by Sanabil Venture Studio by Stryber. The funds will be used for product and business expansion and to provide essential capital to micro-businesses across Saudi Arabia.

Mar 23, 20255 months ago

Amount Raised

$4 Million

Round Type

seed

RiyadhFintechFinanceFinancial Services

Investors

Sanabil Venture Studio By Stryber

Description

Nayla Finance, a fintech reshaping access to funding for micro-businesses, has successfully secured $4M in seed funding. This investment marks a major milestone for Nayla Finance, accelerating its mission to provide fast, accessible, and technology-driven financing solutions. The funds will be used to enhance Nayla’s data-driven lending platform, scale operations, and expand partnerships within key sectors such as F&B, e-commerce, and retail. By leveraging technology and advanced risk models, Nayla aims to redefine creditworthiness for businesses.

Company Information

Company

Nayla Finance

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Nayla Finance is a technology-driven microfinance company dedicated to empowering microbusinesses in Saudi Arabia. Through its cloud-based lending platform, Nayla provides fast and accessible financing solutions tailored to the needs of small entrepreneurs. Nayla Finance is also in the final stage of obtaining its license from the Saudi Central Bank (SAMA) and expects to officially launch operations in Q2 2025.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers